What is a Personal Service Company (PSC)?
While there isn’t a legal or formal definition of the term, personal service companies (PSC) refer to limited companies that are owned by a contractor, who is also the only shareholder and sole director. In some instances, the company may also be owned by a very small group of individuals.

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CalculatorsSole Trader vs Limited Company Calculator and AssessmentOur sole trader vs limited company calculator helps you determine the most tax-efficient business structure by comparing your potential take-home income, National Insurance contributions, and Corporation Tax liabilities. Simply input your expected annual profit to receive an instant comparison showing which option could save you money with HMRC.
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Free downloadRegistering a Limited Company Guide
We walk through every step of the Limited Company registration process to help you understand whether you should start the limited company registration process.